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The Finance Ministry imposed forced administration on the Union pojistovna (UP) insurer in order to protect clients' interests. Union pojistovna, founded in 1995, provides services to corporate clients, smaller businesses, and individuals. Zdenek Petricek was appointed as the forced administrator....
China Merchants Bank Co has been selected to be the conduit for a German government loan programme targeting small- and…
The Reserve Bank said on Thursday (14 August) it was cutting its key repo rate by 100 basis points to…
#bank#banks#inflation
Low-interest federal loans of up to US$1.5 million have been approved for small businesses affected by storms that swept across…
#interest#small business#small businesses
Small companies (with “(Pty) Ltd” after their names) may in future be allowed to present simplified, more easily prepared accounts,…
Some P8 million (US$145,000) from the Network Bank is available to small- and medium-size enterprises (SMEs) at low interest rates…
International Enterprise Singapore (IE Singapore) has launched the iFinance Consulting Programme to help firms expand abroad. It is expected to…
The International Finance Corporation (IFC), part of the World Bank Group, plans a further investment of US$70 million in Vietnam…
#bank#banks#international
Executives at GM Acceptance Corporation, the financial arm of General Motors, are considering suing Bank of New York (BoNY) in…
#bank#CIT#commercial finance
Many small firms still view factoring or discounting with “unwarranted” suspicion, says John Twigg, chief executive of small business advisor,…
#bank#interest#small business
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, and Zurich Emerging Markets Solutions, the…
#bank#emerging markets#international
City Invoice Finance has reported a pre-tax profit of Ј479,835 for the year to 31 December 2002, an increase of…
Enterprises are to be offered soft loans carrying an interest rate one-third of the commercial rate to export goods prioritised…
#exporters#interest#interest rate